Post Reply
861-880 of 2153
Another good news from Kep Corp...
Keppel wins US$180 mil KFELS B Class jackup rig contract from Standard Drilling Singapore, 25 November 2010 - Keppel FELS Limited (Keppel FELS) has secured an order for a KFELS B Class jackup rig worth US$180 million from Standard Drilling Ltd (Standard Drilling), a subsidiary of Norwegian investment company, Ferncliff TIH AS Group (Ferncliff). As part of the agreement, Standard Drilling has been given options to build another two similar jackup units. If exercised, the options for the additional two rigs will bring the total contract value to about US$550 million. The first rig is slated for delivery in 2H 2012.
Mr Martin Nes, CEO of Ferncliff TIH AS, said, “We are seeing activities and opportunities in the jackup market recovering quickly and are positive that this demand for newer, safer, high-specification jackups will be sustained, given the growing need worldwide for premium units with capabilities to operate safely in more challenging locations. “To create stable and long-term value for our stakeholders, we believe in working with partners with specialist expertise, good management and world leading technology, to develop our assets that will give a good foundation for future growth. “Rigs built to the KFELS B Class design are known to be highly efficient drilling platforms with industry-leading features for safety and environmental friendliness and boast a proven track record. We are pleased to work with Keppel FELS on building a premium jackup drilling rig of this design, which we are confident, will become a first class asset to our portfolio.”
Mr Wong Kok Seng, Executive Director of Keppel FELS, said, “The innovative and cost effective KFELS B Class jackup rig has proven itself to be the trusted, reliable workhorse of the industry, and has performed well in major offshore exploration and development programmes in various locations. “Including Standard Drilling’s order, a total of 35 KFELS B Class rigs have been ordered to date. 32 of these have already entered the market and are constantly delivering excellent operational and safety performance for their operators.”
Developed by Keppel’s technology arm, Offshore Technology Development, the KFELS B Class jackup design provides maximum uptime with reduced emissions and discharges. For its environmental-friendly features, the KFELS B Class design was bestowed the Prestigious Engineering Achievement Award from Institution of Engineers Singapore in 2009.
Readily upgradeable to higher performance capabilities, KFELS B Class rigs incorporate Keppel’s advanced and fully-automated high capacity rack and pinion elevating system, and Self-Positioning Fixation System. When completed, this rig will be able to operate in water depths of 400 feet, drilling depth of 30,000 feet and accommodate 120 men.
CIMB Technical View
Keppel Corp (KEP SP; S$10.56; Sell) – Indicators confirmed sell signals.
Make love more, don't make more enemies
the peak seems to be @ 1200
hurry up sign rig contract........
keppel corp hrm
$11.oo (+12c). Oil-related stocks will outperform as the weakening US$ = higher oil prices.
Oil Demands seems to have cool down.... expected less contract wins for keppel corp. Recent Run has failed to push this counter over $11.00
Advice is to take some profit off the table.
TP $9.25-$9.50
Have compiled the dividend information of the Keppel Corp, etc:
http://keppelinvestor.blogspot.com/p/dividend.html
http://keppelinvestor.blogspot.com/p/dividend.html
Happy Deepavali?
Jackpot2010 ( Date: 03-Nov-2010 09:25) Posted:
|
Now $10.50 +14c. Could hit $11.oo by Friday!
Right, winner indeed!!
Jackpot2010 ( Date: 01-Nov-2010 17:07) Posted:
|
Stay with the winner, $10.30 +32c Vol 12m+
Absolutely loving it!!
How not to succumb to temptation given a sweet deal like that!
It will be a short parting ... should the opportunity present itself again ...
Till then.
Enjoy the voyage, my fellow passengers...I have decided to alight at the nearest harbor before China RAISES the $EA LEVEL BEFORE DECEMBER.
$10.20 +22c - Sun, Sea and Brazil - Hope u enjoy this tune.....
http://www.youtube.com/watch?v=AY7iKdaNikA&feature=related
Yeah onboard again yesterday.
It is so fun this big ship LOL ...
Just zipped in and out and made tens of thousands ... which I don't normally do for more stable stocks but it is kinda volatile recently and you just grapped the window of opportunities ...
Hehe best of all like what you said it is relatively safe ... no sinking!
money_maker ( Date: 28-Oct-2010 10:19) Posted:
|
After lunch, $9.88 +19c
All oil related stocks will cheong on Fri (29 Oct) with this good news - SembMarine, KepCorp etc
|
October 28, 2010, 8.23 pm (Singapore time)  |
|
|
Exxon quarterly profit up 55% HOUSTON - Exxon Mobil, the world's largest publicly traded oil company, said on Thursday its quarterly profit rose 55 per cent, surpassing expectations, as higher crude prices boosted results in its exploration business. |
BIG SHIPS were only able to stop by the harbor for a short while but were pushed back by a few some strong WAVE$. After all, there was a 3-m Tsunami triggered off at Indonesia recently. But bear in mind, once it finally docks in 2010, the next port of embarkation will be in 2011 !!! DON'T FORGET THAT THERE WILL BE A BIG EVENT ORGANIZED by TEMASEK HAPPENING CLOSE TO 2011 and 2012!!!!!
HAVE FAITH ALL PASSENGERS WHO ARE STILL ONBOARD... THE SHIP IS STILL SAILING!!!!!!!!!!!!!
WAHAHAHHAHAHAHAHAHA
so funny, where is the corruption.....
chris168 ( Date: 19-Oct-2010 10:24) Posted:
|
Back to $10.00 at last.
temp123 ( Date: 22-Oct-2010 15:53) Posted:
|
On Friday, Kepcorp break out of its resistance at $9.85 and closed at $9.89 with HIGH volume of 9.41 million shares traded.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
RSI & MACD are bullish as RSI continue to trend upwards.
Important Resistance of Kepcorp: $10.05
Immediate Support of Kepcorp: $9.85
Currently prices are well above the 20/50/100/200 days MA.
Today Kepcorp has breakout of the resistance at $9.85 with strong volume due to the positive earning news.
However we would not advise to buy now since the prices is almost at “overbought” region.
In fact, we expect the major resistance at $10.05 to be very strong and likely profit taking will occur at that level.
SEE ANALYSIS FOR SPH
Thus we encourage investors who are vested to watch the level at $10.05